The global smart manufacturing platform market is expected to reach a market size of USD 29.64 Billion in 2028 and register a robust double-digit CAGR over the forecast period, according to latest analysis by Emergen Research. This steady growth can be attributed to rising need for real-time production monitoring and rising need to increase resource efficiency in a manufacturing network through dynamic sharing of manufacturing services, which is driving adoption of cloud manufacturing platforms. Industries are increasingly adopting smart manufacturing platforms to create smart manufacturing networks with higher productivity to improve resource efficiency and utilization rates. Cloud-enabled smart manufacturing platform help in identification of manufacturing inefficiencies and bottlenecks and streamlines manufacturing processes.
smart manufacturing platform market published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the along with crucial statistical smart manufacturing platform market The research study provides historical data from 2017 to 2019 and offers accurate forecast estimation until 2028. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies
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The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights of their achievements and financial standings.
Key companies operating in the market include: Microsoft, IBM, PTC Inc., SAP SE, Hitachi, ABB, Amazon, Bosch, Emerson, and Fujitsu Ltd.
The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the smart manufacturing platform market industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.
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Emergen Research has segmented the global smart manufacturing platform market on the basis of application, industries, type, and region:
Application Outlook (Revenue, USD Billion; 2021–2028)
- Asset Condition Monitoring
- Performance Optimization
- Others
Industries Outlook (Revenue, USD Billion; 2021–2028)
- Discrete (Medical Devices, Electronics Semiconductor, Automotive, Industrial Manufacturing, Aerospace Defense)
- Process (Chemicals, Food Beverages, Oil Gas, Metals Mining, Power Energy, Pharmaceuticals)
Type Outlook (Revenue, USD Billion; 2021–2028)
- Connectivity Management
- Device Management
- Application Enablement
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Regional Analysis of the smart manufacturing platform market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of smart manufacturing platform market size and share for the projected period of 2018-2028
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global smart manufacturing platform market Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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